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Hydrocarbon exploration tender in TN
March 2 , 2025
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- An area of 9,990.96 sq km in southern Tamil Nadu’s deep-sea region of the Gulf of Mannar has been included in a recent tender for hydrocarbon exploration issued by the Ministry of Petroleum and Natural Gas.
- This is a part of the Ministry’s 10th round of the Open Acreage Licensing Policy, which invites companies to submit bids for its exploration rights.
- The tender covers 25 offshore areas across the country, totalling 1,91,986 sq km of marine space.
- This marks the very largest acreage offered in a single bid round under the Hydrocarbon Exploration and Licensing Policy regime.
- The Gulf of Mannar Biosphere Reserve is home to rare and endangered species such as dugongs, turtles, and marine mammals.
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